To get a sense of how pervasive mobile payments have become in China, consider that on the eve of this year’s Spring Festival, 668 million people on Tencent Holding’s WeChat app sent virtual hongbao – digital red packets containing money – to …
( read original story …)
Home TECHNOLOGY Google steps up global fight for digital wallet as China dominates mobile payments
ADVERTISEMENT
Categories
Beijing
22°
overcast clouds
humidity: 21%
wind: 1m/s SW
H 22 • L 20
Weather from OpenWeatherMap
Recent Posts
- Sabah welcomes first direct flight from Shenzhen 07/12/2025
- Mainland China’s bank apps the best in Asia, beating Hong Kong and Singapore, study says 07/12/2025
- Trump sees China more as an economic rival than a military threat 07/12/2025
- Shenzhen, China’s land-starved tech hub, making space by moving massive landfill 07/12/2025
- sacai Unveils Reimagined Beijing Flagship by Willo Perron 07/12/2025
- Strong competition from non-bank players in mainland market forces banks to improve continuously, consulting firm Sia says 07/12/2025
- ByteDance’s agentic AI smartphone dials up a digital backlash from China’s top apps 07/12/2025
- Nvidia CEO says data centers take about 3 years to construct in the US., while in China they can build a hospital in a weekend 07/12/2025
- Hong Kong finance chief scraps Tokyo visit amid China-Japan row 07/12/2025
- China’s growth is coming at the rest of the world’s expense 07/12/2025
- Modern architecture shines at Shenzhen Talent Park 07/12/2025
- Philippines says China fired flares toward its patrol plane in the disputed South China Sea 07/12/2025